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Bajaj Hindusthan Sugar Ltd
Bajaj Hindusthan Sugar Ltd Company History
Bajaj Hindusthan Sugar is engaged in the manufacture of sugar, alcohol and generation of power.
2002
Bajaj group increases its stake by acquiring 9.5% stake from UTI for Rs 7.9 crore
Bachhraj & Co. Pvt. Ltd. has acquired 4,50,000 shares amounting to 5.153% and the shareholding after acquisition is 34,69,625 shares amounting to 39.730%. Jamnalal Sons Pvt. Ltd. has acquired 4,21,559 shares amounting to 4.827% and the shareholding after acquisition is 5,19,359 shares amounting to 5.946%. The combined total (for promoter group as a whole) are holding 8,71,559 shares amounting to 9.980% and the shareholding after acquisition is 39,88,984 shares amounting to 45.677%. The mode of acquistion is through off-market purchases on August 19, 2002
2002
2003
Bajaj Hindusthan Ltd has informed that the Board of Directors of the Company at its meeting held on June 19, 2003 re-appointed Shri. Shishir Bajaj as a Managing Director for a period of 5 years w.e.f. July 1, 2003.
Acquires 5,000-tcd plant of Monnet Sugar in UP
First unit to crush 20 million quintals of cane during the drought year 2002-03
Achieved record profit of Rs. 283.51 million in FY 2003
2003
2004
Overtakes Balrampur Chini Mills to become the most profitable sugar company in the country
Bajaj Hindustan ties up term loans worth Rs 400 cr with SBI.
Bajaj Hindustan to acquire 24 UP sugar mills
New 7,000 TCD plant near Meerut commenced operations in November 2004
2004
2005
Bajaj Hindusthan raises US$ 100 mn through GDRs & FCCBs
Bajaj Hindusthan acquires Pratappur Sugar & Industries
Bajaj Hindusthan commissions three new sugar plants
2005
2006
Bajaj Hindusthan sets up 100% subsidiary to manufacture Medium Density Fibre and Particle Boards
Bajaj Hindusthan's achieves 180% increases in Net Profit
Bajaj Hindusthan raises US $ 255.604 mn through GDRs and FCCBs
2006
2007
Bajaj Hindusthan Ltd has Appointed Mr. Kushagra Bajaj as Joint Managing Director of the Company for a period of 5 years w.e.f. April 24, 2007.
Bajaj Hindusthan Ltd has appointed Mr. Kausik Adhikari, Asst. Company Secretary as Compliance Officer of the Company with effect from August 01, 2007.
2007
2008
Bajaj Hind to enter infrastructure sector
2008
2009
Bajaj Hindusthan Ltd has informed that the Board of Directors of the Company at its meeting held on March 12, 2009, has appointed Dr. Sanjeev Kumar, as a Whole-time Director on the Board of the Company with effect from March 12, 2009.
2009
2010
MOU signed between Government of Uttar Pradesh and Bajaj Hindusthan Ltd. for 1980 MW power project.
MOU signed between Government of Uttar Pradesh and Bajaj Hindusthan Ltd. for another 1980 MW thermal power project in Bargarh area of Chitrakoot District.
2010
2011
Bajaj Hindstn - Board recommended Dividend of Rs 0.40 i.e (40%)
Bajaj Hindustan Ltd Issues Rights in the Ratio of 2:1
2011
2012
Kushagra Bajaj embarks on a power play.
BajajHindstn - Board recommends Dividend of Rs 0.10 i.e (10%)
2012
2013
Bajaj Hindustan elects Kushagra Bajaj as CMD
2013
2014
The Registered office of the company has been shifted from old address to Golagokarannath, Lakhimpur-Kheri, District Kheri, Uttar Pradesh - 262802.
2014
2015
The company has changed its name from Bajaj Hindusthan Ltd to 'Bajaj Hindusthan Sugars Ltd.'
2015
2023
Bajaj Hindusthan Sugar Limited has acquired 98.01 % shareholding of Phenil Sugars Limited
2023